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Author: C. P. Chandrasekhar

Home C. P. Chandrasekhar
This author has written 376 articles

The True Face of “Aid”

  • April 16, 2024
  • C. P. Chandrasekhar
  • Economy and Society, Political Economy
  • 0 Comments

The Organisation for Economic Cooperation and Development (OECD), predominantly a club of rich market economy countries, has just released preliminary estimates of the flow of Overseas Development Assistance (ODA) or “aid” from 31 members of its Development Assistance Committee to…

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In the Name of the South: India’s aggressive economic diplomacy

  • March 26, 2024
  • C. P. Chandrasekhar
  • Political Economy, World Economy
  • 0 Comments

India’s government has since the year of its G20 Presidency claimed to have restored the country’s role as the ‘Voice of the South’ in global dialogues. That is often backed up by reference to its efforts to focus attention on…

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On the Fuss over US Interest Rates

  • March 19, 2024
  • C. P. Chandrasekhar
  • Macroeconomics, Monetary Policy
  • 0 Comments

Recent discussions on economic policy in the US and other high-income nations make it appear that there is only one domain and one instrument that really matter: monetary policy and interest rates. Whether on the eve of meetings of the…

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Subtle War at the WTO

  • March 7, 2024
  • C. P. Chandrasekhar
  • Trade and balance of payments, World Economy
  • 0 Comments

At the time of writing, the 13th ministerial meet of the World Trade Organisation (WTO) is under way in Abu Dhabi. Among the many issues that are being discussed are two of concern for less developed countries generally and India…

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Federal Fracture: A nation in crisis

  • February 22, 2024
  • C. P. Chandrasekhar
  • Economy and Society, Political Economy
  • 0 Comments

Indian federalism is on the verge of breakdown. Ministers from opposition-ruled States have taken to the streets in New Delhi to protest against discrimination by the Centre. And the Prime Minister, who leads the use of a divisive majoritarian agenda…

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Maldives: Debt and dependence

  • February 20, 2024
  • C. P. Chandrasekhar
  • Finance, World Economy
  • 0 Comments

As the distance between Maldives and India widens, with the latter being asked to withdraw its uniformed personnel stationed in the former, questions are being asked about how Maldives will manage without India’s help on the economic and regional security…

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Distress and Displacement in Times of War

  • February 9, 2024
  • C. P. Chandrasekhar
  • Political Economy, World Economy
  • 0 Comments

Recruitment drives held over the last week of January, in Lucknow in Uttar Pradesh and Rohtak in Haryana, for Indian workers to undertake construction and caregiver jobs in Israel have captured global attention. Thousands of job aspirants, who had either…

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The IMF and the Argentinian Right

  • January 25, 2024
  • C. P. Chandrasekhar
  • Economy and Society, World Economy
  • 0 Comments

On January 10, the IMF announced its decision to release $4.7 billion out of a $57 billion bailout package sanctioned in 2018 to perennially debt-distressed Argentina, then under a right-wing government headed by Mauricio Macrio. That surprised some. Going by…

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World Economy: Out of control

  • January 23, 2024
  • C. P. Chandrasekhar
  • Macroeconomics, World Economy
  • 0 Comments

Early in 2024, the World Bank in its flagship report Global Economic Prospects, put out a message of gloom. This year could end marking “a wretched milestone: the weakest global growth performance of any half-decade since the 1990s”. Between 2021, when…

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Another COP-out

  • December 26, 2023
  • C. P. Chandrasekhar
  • Finance, World Economy
  • 0 Comments

Following the COP28 Summit, there is an attempt to establish that the conference was a significant step forward in the effort to address the causes and consequences of climate change. However, a reading of the actual outcome only illustrates how…

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